Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014!
To begin, why the need for labels? Just because some of the first initiatives in here were to save the animals and plant forests, all of a sudden, everyone is a tree hugger? There's not a single person who would hear the word profit and run away from it in this thread. That would just be downright silly. But you have to have belief and support behind a product, or else it fails. All things have a beginning, maybe it starts small with green initiatives. But when a snowball effect starts to happen, that's when you see things pick up pace.
One thing that you may need to re-evaluate is that you're downplaying the importance of a legitimate establishment or business accepting Earthcoin as a currency. Earthcoin is now also accepted through Coin Payments. Are these not business-like activities?
I'll be happy when Earthcoin reaches its true potential, then of course doubt will dissipate and I hope it makes people happy. Unfortunately, it won't get rid of the negativity, because then everyone who doubted the coin and left will be angry that they didn't stay and more than likely return to whine because they dumped. We'll see what happens when we get there.
Point taken.
Lets sit and wait
Well played. Both of you. I'm not sure where the "tree hugger" thing came from. I'm guessing because one of the pools is operating a charity?
At any rate, those sort of initiatives generate publicity, and as Phineas Taylor Barnum famously noted, that's never bad.
The dev's have posted a lot of solid ideas, and appear to be working hard on those ideas behind the scenes. That, from the very beginning, is why I think this coin has more potential than most. Even though it's become somewhat established, probably by virtue of being the first Scrypt coin, litecoin has really gone nowhere in real world acceptance. Earthcoin could. It's name is catchy, the dev's want to take it mainstream, and it has an interesting and inter5ested community. Let's give this some time, thought, and support.
I don't see the sudden dump on acceptance at Cryptsy as any sort of sign in itself. It seems to happen with every coin that gets listed. In the short term, it's disappointing. As any sort of long term marker, I'd call it simply a milestone in the development. Many, if not most, of the early adopters are trying to turn a quick buck. Nothing wrong with that, but it does nothing for the coin in the long run except establish that it can be traded for other currency. When we get it trading for goods and services, THAT is when it will matter. And that is when exchange prices will rise the most steadily and keep their gains the best.
But to be completely realistic, think for a minute. You are a store and you decide you are going to take the big step and accept one of these new fangled crypto currencies everyone is talking about. Do you think you would accept the number 1 coin out there, as in btc, or would you accept a brand new coin, one among the hundreds of unknown coins just getting started, with no history, no track record and that bled off almost all its value in a few days? Seriously, there are sooo many established coins in front of eac that will be accepted loooong before eac. Even most of those coins will not become commonly accepted coins. Yes there is always the chance you can hit the lottery, I would think winning the lotto is a lot more likely than for eac to beat out ALL these other coins in front of it. Don't you really?